After thorough research and initial assessments, I estimate the rehabilitation costs to be approximately $250,000. 

That means a column on a spreadsheet for each property (tax number) and a comprehensive list of items on the row side of the spreadsheet.I want to look at what my exit strategy is for each building.I want to know why he is offering seller financing and of course if it's a fair price, has title reports and is done through escrow.I don't need a real estate agent, but I would have inspections done to look for something I night miss.I want to know if buying the lot and selling off a portion makes sense.

This means paying a little extra upfront to access comprehensive databases of potential buyers and sellers, sales skills, contracts, etc allowing you to expand your reach and efficiency significantly.

You also have the possibility of getting hit with special assessments over the years... these assessments can often be in the thousands of dollars.

Consider whether you aim to build a substantial real estate portfolio for ongoing income or diversify investments over time.Risk Management: Assess risks associated with property ownership, including vacancies, maintenance costs, and market fluctuations.Risk Management: Assess risks such as vacancies, maintenance costs, and market fluctuations associated with owning multiple properties.Tax Planning: Work closely with a tax professional to develop a balanced strategy that maximizes current income offset with depreciation, while planning for depreciation recapture and optimizing use of 1031 exchanges.

Partner Driven added value to the E Wildflower Lane deal by investing $40,000 in comprehensive renovations.

Partner Driven added value to the E Holland Ave deal by investing $40,800 in comprehensive renovations.

.- **Risk Management**: Assess the risk of cross-collateralization and ensure you have contingency plans in place for potential property underperformance.- **Alternative Strategies**: Continuing with delayed lending (refinancing after repairs and tenant placement) has its merits, allowing you to build equity and stabilize cash flow property by property.Please feel free to DM me.

Overall, Dan H's assessment is probably correct today.

I'd be glad to take a look at your system and give you an honest assessment.